"'We looked at [the iPhone's] innovative user interface, the paradigm-shifting voicemail, the best-in-class mobile browser, and we realized we could make all that seem ridiculously outdated by the time the product becomes available to customers in June,' said Jobs, who described the project as 'Apple reinventing the iPhone.'"

We really love that Palm's sponsoring the page, too. [Potentially NSFW in and around The Onion.]